Report: European firms risk sanctions breaches with shady transactions

Report: European firms risk sanctions breaches with shady transactions

According to a report by the Catholic University of Milan presented to Europol, global markets, real-time transactions and transnational crime are exposing European companies to great risks. Euronews unpicks why.

More and more European companies are finding themselves – against their will – in contact with actors subject to EU sanctions, according to a new report by the Transcrime research centre at the Catholic University of Milan, presented to Europol this week. The number of such cases has increased significantly since the Russian invasion in 2022, especially in sectors such as electronic components, mechanical engineering, aeronautics and dual-use te…